122700977899874,
1501 Druid Hill Avenue Baltimore, MD 21217
Listing Courtesy of: BRIGHT IDX / Century 21 New Millennium / Tim Washlack

  1501 Druid Hill Avenue Baltimore, MD 21217

Active (89 Days)

Description

Great Investment Opportunity! This two-apartment brownstone boasts two distinct living spaces. The lower unit features a one-bedroom, one-bathroom layout, while the upper unit offers enhanced accommodations with three bedrooms and 1.5 full bathrooms. Both units are currently tenant occupied, ensuring immediate cash flow and eliminating the hassle of securing tenants. With a robust Capitalization Rate of 8.3%, this property offers investors exceptional income-generating potential. A significant advantage of this property is the tenant responsibility for all utilities. This arrangement alleviates the burden on the owner, resulting in lower operational costs and increased net income. Sold in as-is condition.

MLS #:
MDBA2113634
Taxes
$1,657(2024)
Type
Multifamily
Year Built
1920
Style
Traditional
School District
Baltimore City Public Schools

Listed By

Tim Washlack, Century 21 New Millennium
Source
BRIGHT IDX
Last checked May 12 2024 at 5:27 AM EDT
Bathroom Details
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Other
Heating and Cooling
  • Radiator
  • Other
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Other
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 13, 2024
Price Changed
$239,000
-4%
-11,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/11/24 22:27